In some countries, owning a home rather than renting one is very important for people. Why might this be the case? Do you think this is a positive or negative situation?

In some cultures, owning a

house

is a prominent purpose for a large group of folks and they prefer to purchase a

house

rather than being tenants . I see

this

phenomenon as a logical decision and in

this

essay

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,essay

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I will scrutinize various angles of

this

concept. To commence with , if someone has enough

money

to buy a

house

it will be so beneficial to do that

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, for example,

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for example

he will not pay extra

money

to someone else as rent and he can save

this

money

and use it for other purposes and

that is

,not the only benefit,

also

by purchasing a

house

he invests in some significant class of assets with the tiny amount of depreciation that can be sold and change to cash in a short time.

on the other hand

in investment ,wise the price of houses grow Every year in most countries

and

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apply

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that makes buying a

house

a smart choice ,

consequently

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,consequently

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people can adopt

this

approach as a shield against inflation to save their capital ,

Furthermore

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,Furthermore

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those who probably do not have enough

money

for owning a

house

can get a loan from banks and pay instalments rather than paying the

money

as rent the bright side is that they will be owners of the

house

at the end

of the instalments and they will not pay anymore. in conclusion bias on

this

argument is obvious and I am one of the proponents of

this

idea ,

Also

the endeavours of some groups to be owners rather than paying rent is comprehensible and in a financial ,sight it can be known as the most general and feasible financial decision all around the world.